On January 1,2014,a company sells a 3-year bond with a face value of $50,000 and a stated interest rate of 7%.Because the market interest rate is 5%,the company receives $52,723 for the bond.The company uses the effective interest method of amortization.Fill in Table
A.Fill in Table B assuming the market interest rate is 9%,and the company received only $47,469 for the bond and the company uses the effective-interest method.

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The Answer of On January 1,2014,a company sells a 3-year bond with a face value of $50,000 and a stated interest rate of 7%.Because the market interest rate is 5%,the company receives $52,723 for the bond.The company uses the effective interest method of amortization.Fill in Table
A.Fill in Table B assuming the market interest rate is 9%,and the company received only $47,469 for the bond and the company uses the effective-interest method.

On January 1,2014,a Company Sells a 3-Year Bond with a Face